Aliansce Shopping Centers S.A. announced that it is concluding the succession process of its Chief Operating Officer ("COO"), Delcio Lage Mendes, with shopping center veteran Leandro Lopes joining the company. Lopes is expected to be confirmed to the role in the second half of 2017. Mendes will continue as Chairman of the Board of Directors. Lopes has worked in the shopping mall sector in Brazil over the last ten years with significant experience in commercial, operational and financial divisions of the industry. He joined the shopping center industry in 2007 as a Director of Regional Operations for BRMalls, where he successively expanded his responsibilities until becoming CFO in 2012.